In a dramatic turn of events, Bolivian President Luis Arce revealed that a former general was behind a failed coup attempt to seize power and become president. Despite facing accusations that the attack on the government palace was a “self-coup,” Arce maintained that he stayed behind to defend democracy. He distanced himself from claims by detained individuals that they were innocent and emphasized that the government was not responsible for their alleged involvement in the coup.
Amidst political turmoil and economic challenges, Arce emphasized that Bolivia’s economy is on a growth trajectory, with efforts underway to diversify its production and investments, particularly in the untapped lithium reserves. Despite facing intermittent gasoline and dollar shortages, Arce assured that his administration is taking proactive measures to address these issues. Reflecting on past traumas from the 2019 political crisis that saw Morales resign and flee, Arce acknowledged the public’s fear and anxiety in response to the recent coup attempt, attributing the rush to stockpile food and withdraw cash to a sense of uncertainty and instability.
Furthermore, Arce hinted that the government was investigating possible involvement of the political opposition in organizing the coup attempt, with allegations of snipers being mentioned. As the nation grapples with the aftermath of the recent events, Arce remains focused on restoring stability and addressing economic challenges while navigating the complex political landscape shaped by ongoing rivalries and power struggles.
